Federated Hermes Global Allocation Fund
SBFIX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 4000 Ericsson Drive Warrendale PA United States of America 15086-7561
- IPO Date
- Jun 12, 2009
- CIK
- 0000013386
- Website
- federatedhermes.com
- Similar Companies
- Business
- Federated Hermes Global Allocation Fund (SBFIX) is a mutual fund managed by Federated Hermes, Inc., a leading global investment management firm founded in 1955 and headquartered in Pittsburgh, Pennsylvania. The fund engages in an actively managed allocation strategy across global asset classes, including equities, fixed-income securities, and alternative investments such as commodities and real estate, with a flexible approach to dynamically adjust portfolio weightings based on macroeconomic trends and market conditions to pursue total return. It offers institutional and retail share classes, including Class A (SBFIX), Class Institutional (SBFBX), and others, targeting long-term investors seeking diversified global exposure with a focus on risk-adjusted performance; the fund invests primarily in securities of issuers located in developed and emerging markets worldwide, employing derivatives for hedging and efficiency. Federated Hermes, Inc., the fund's adviser, provides a broad range of investment products encompassing equity, fixed-income, money market, and multi-asset strategies, serving institutional clients, financial intermediaries, and individual investors across North America, Europe, Asia-Pacific, and other regions. In recent developments, Federated Hermes announced strategic enhancements to its sustainable investing platform in 2024, including expanded ESG integration across funds like Global Allocation and a partnership with Clarity AI to bolster data-driven responsible investment capabilities; the firm also completed the acquisition of certain assets from Hermes Investment Management in prior years, solidifying its global footprint, and launched updated share classes with lower expense ratios in 2025 to enhance competitiveness amid market volatility.